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Home-Ownership Rate Rose
To Record 66.8% in Quarter

WASHINGTON D.C. -- The percentage of American households that own the homes they live in rose to its highest level ever as a strong economy and low interest rates encouraged home buying.

The U.S. Department of Housing and Urban Development said the nation's home-ownership rate rose to 66.8% in the third quarter, compared with the previous high of 66% in the second quarter. Because of such strong quarterly results, the nation's...